Dhaka, Bangladesh (BBN)– Ranks Power & Renewable Energy Ltd, a concern of Rangs Group, has recently signed a memorandum of understanding for the supply of 12,000 solar home systems to Facitroom Bangladesh Ltd, an NGO support services organization.

Ranks Power managing director Romo Rouf Chowdhury and Facitroom Bangladesh general manager (sales, marketing and purchase) RK Das signed the agreement on behalf of their respective sides.

Under the MoU, Ranks Power has agreed to supply premier quality solar home systems including solar panels, solar batteries, LED bulbs and other solar-powered appliances, relevant accessories as well as provide the necessary technical support and training to Facitroom and its team who will in turn through a multi-level marketing programme distribute the materials to their partner NGOs and marketing agents.

BBN/SI/AD-23Nov10-11:21 am (BST)